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USBLX vs. IEMG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

USBLX vs. IEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Growth and Tax Strategy Fund (USBLX) and iShares Core MSCI Emerging Markets ETF (IEMG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.31%
1.32%
USBLX
IEMG

Returns By Period

In the year-to-date period, USBLX achieves a 14.74% return, which is significantly higher than IEMG's 8.21% return. Over the past 10 years, USBLX has outperformed IEMG with an annualized return of 7.36%, while IEMG has yielded a comparatively lower 3.43% annualized return.


USBLX

YTD

14.74%

1M

2.20%

6M

8.31%

1Y

20.37%

5Y (annualized)

7.84%

10Y (annualized)

7.36%

IEMG

YTD

8.21%

1M

-4.07%

6M

1.32%

1Y

12.66%

5Y (annualized)

3.84%

10Y (annualized)

3.43%

Key characteristics


USBLXIEMG
Sharpe Ratio3.240.84
Sortino Ratio4.611.27
Omega Ratio1.631.16
Calmar Ratio2.880.50
Martin Ratio20.503.93
Ulcer Index0.99%3.22%
Daily Std Dev6.29%14.99%
Max Drawdown-34.42%-38.72%
Current Drawdown-0.14%-14.29%

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USBLX vs. IEMG - Expense Ratio Comparison

USBLX has a 0.58% expense ratio, which is higher than IEMG's 0.14% expense ratio.


USBLX
USAA Growth and Tax Strategy Fund
Expense ratio chart for USBLX: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for IEMG: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Correlation

-0.50.00.51.00.7

The correlation between USBLX and IEMG is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

USBLX vs. IEMG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Growth and Tax Strategy Fund (USBLX) and iShares Core MSCI Emerging Markets ETF (IEMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for USBLX, currently valued at 3.24, compared to the broader market-1.000.001.002.003.004.005.003.240.84
The chart of Sortino ratio for USBLX, currently valued at 4.61, compared to the broader market0.005.0010.004.611.27
The chart of Omega ratio for USBLX, currently valued at 1.63, compared to the broader market1.002.003.004.001.631.16
The chart of Calmar ratio for USBLX, currently valued at 2.88, compared to the broader market0.005.0010.0015.0020.002.880.50
The chart of Martin ratio for USBLX, currently valued at 20.50, compared to the broader market0.0020.0040.0060.0080.00100.0020.503.93
USBLX
IEMG

The current USBLX Sharpe Ratio is 3.24, which is higher than the IEMG Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of USBLX and IEMG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.24
0.84
USBLX
IEMG

Dividends

USBLX vs. IEMG - Dividend Comparison

USBLX's dividend yield for the trailing twelve months is around 2.05%, less than IEMG's 2.74% yield.


TTM20232022202120202019201820172016201520142013
USBLX
USAA Growth and Tax Strategy Fund
2.05%2.12%1.73%1.66%1.89%1.95%2.50%2.16%2.31%2.68%2.39%2.37%
IEMG
iShares Core MSCI Emerging Markets ETF
2.74%2.89%2.70%3.06%1.87%3.15%2.76%2.34%2.28%2.52%2.30%1.76%

Drawdowns

USBLX vs. IEMG - Drawdown Comparison

The maximum USBLX drawdown since its inception was -34.42%, smaller than the maximum IEMG drawdown of -38.72%. Use the drawdown chart below to compare losses from any high point for USBLX and IEMG. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.14%
-14.29%
USBLX
IEMG

Volatility

USBLX vs. IEMG - Volatility Comparison

The current volatility for USAA Growth and Tax Strategy Fund (USBLX) is 1.87%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 4.61%. This indicates that USBLX experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
1.87%
4.61%
USBLX
IEMG